In early January, Marathon Manufacturing Company's Republic of Singapore yard delivered the first of two jackup rigs ordered by the China National Machinery Import and Export Corporation. The People's Republic of China rig, Pohai VIII, was originally
L.C. Ackerman, Charles H. Eure Jr., and O. Ray Yates Jr. have been elected to the board of directors at Norshipco, Norfolk, Va. Mr. Ackerman became associated with the Walker Manufacturing Company, a manufacturer and marketer of automotive exhaust systems and filters, in 1952.
Zapata Corporation, Houston, Texas, announced recently that it has signed contracts for the construction of three new jackup rigs for its offshore drilling fleet in two Singapore shipyards. The company said the U.S.-flag rigs will be owned and operated by Zapata Off-Shore Company,
Secretary of Commerce Juanita M. Kreps has appointed Vincent Cannaliato Jr. chairperson, and Thomas J. Smith a member of the Advisory Board to the United States Merchant Marine Academy at Kings Point, N.Y. Mr. Cannaliato, vice president, corporate finance department, Kidder, Peabody & Co.
naval operations and the top U.S. Navy officer, last month was reported as recommending that the service stick to its plan to build a multi-billion-dollar class of new destroyers despite a crunch on funds for new warships. "I'd love to have DD-21," Adm.
Norfolk Shipbuilding & Drydock C o r p o r a t i o n (Norshipco), Norfolk, Va., has adopted a new corporate logo. The announcement was made by John L. Roper III, president and chief executive officer of Norshipco. The new logo is circular in design,
Barge Operators Assess Impact Of OPA And Future Of The Industry The repercussions of the Oil Pollution Act of 1990 have been felt by the entire marine industry, but no where more acutely then in U.S. inland waterway and coastal transport operations.
The Penn Central Corporation's Marathon Manufacturing Company has signed $326 million in contracts with the Rowan Companies, Inc. for the construction of eight offshore oil and gas mobile drilling rigs. Marathon's marine construction order backlog now totals 43 rigs,
Election of G. Graham Whipple to the position of group vice president was announced recently by Lawrence O. Kitchen, president and chief operating officer of Lockheed Corporation. Mr. Kitchen said Mr. Whipple, formerly president of Lockheed S
A unit of Raymond International Inc., Houston, Texas, recently purchased a crane ship from an Italian firm for $34.5 million, according to Henry F. LeMieux, chairman and chief executive officer. Mr. LeMieux said that Raymond Offshore Constructors, Inc.